Setting up well- AEZ
Nice Finish to the day..
Did some research on Aeterna Zentaris (NASDAQ:AEZS) as per last post by cabbie.
It looks like they went and did a placebo test in phase 3 which did not give the statistical numbers on IPSS score improvements on BPH. They got a score of 6. The stock tanked
An interesting point is that they did a deal with pharma before the placebo results came out. It looks like they did a deal for 100 million dollars. This made that stock move quite nicley to a higher market cap. AEZ had a market cap of about 145 -175 million post big pharma deal and anticipation of phase 3 placebo results. They were also listed on nasdeq which probably has a lot higher profile than TSX.
The point in all this, is that if we get good results from triump study we should be in the drivers seat. We would be able to do a post result financing or partnering and be able to command a very good deal. A deal much better than AEZ.
Comments are welcome from anyone.
BB